News

OTC GLOBAL HOLDINGS’ CHOICE NATURAL GAS NAMED “BEST BROKER IN WEATHER RISK MANAGEMENT IN NORTH AMERICA” FOR SECOND CONSECUTIVE YEAR

Jan 9, 2018

News Release

OTC GLOBAL HOLDINGS’ CHOICE NATURAL GAS NAMED “BEST BROKER IN WEATHER RISK MANAGEMENT
IN NORTH AMERICA” FOR SECOND CONSECUTIVE YEAR

HOUSTON – (January 9, 2018) – Choice Natural Gas, a subsidiary of leading independent commodities interdealer broker OTC Global Holdings (OTCGH), has been named “Best Broker in Weather Risk Management in North America” by Environmental Finance for the second consecutive year. Led by Director of Weather Markets Nick Ernst, Choice was recognized for its excellence in weather risk management after performing exceptionally in the 2017 Environmental Finance Annual Market Rankings.

“We are honored to once again be named the best broker in weather risk management, an honor that we do not take lightly. Every day, we strive to provide our clients with the best possible service by leveraging the unmatched data and transparency offered only by our parent company, OTC Global Holdings. I believe that this commitment to mitigating client risk and maximizing their success is what sets us apart from others and is why we’re again being recognized,” said Ernst.

The accomplishment is another highlight for a banner year for OTCGH. In 2017, the company celebrated a decade of dominance through a number of hallmark achievements, including the expansion into the Asia Pacific region via the formation of OTC Asia in Singapore, naming Joe Kelly Co-CEO, acquiring Oil Brokerage Limited in London, and setting multiple record volume trading days on its EOXLive platform. For 10 years, OTCGH has sought to grow, diversify and serve its clients in ways unimaginable by competitors, which has allowed it to succeed while others have sold, folded or shrunken.

“We are honored to receive this award for the second consecutive year, which speaks to the talent and service provided to our clients,” said Javier Loya, Chairman and CEO of OTCGH. “Choice and Nick have played a significant role in the growth, success and diversification of our business. This level of commitment to client service is enabling our continued success in today’s challenging market.”

Formed in 2007, OTC Global Holdings has become the world’s largest independent institutional broker of commodities, covering financial and physical instruments from offices in Chicago, Des Moines, Geneva, Houston, London, Louisville, New Jersey, New York and Singapore. The company is a leading liquidity provider on CBOT, ICE, NYMEX and NFX, ranking number one amongst its peers in numerous derivatives contracts across biofuels, emissions, commodity index products, crude oil, natural gas, natural gas liquids (NGLs), metals, petrochemicals and refined products, power, proppants, soft commodities, and weather derivatives. The company serves more than 450 institutional clients, including over 70 members of the Global Fortune 500, and transacts in hundreds of different commodity delivery points in Asia, Europe and the Americas. To learn more about the company, please visit www.otcgh.com or go to https://vimeo.com/249607583.